APTtellite Holdings (APTtellite Holdings) ROCE % : 4.16% (As of Dec. 2023)

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What is APTtellite Holdings ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. APTtellite Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 4.16%.

APTtellite Holdings ROCE % Historical Data

The historical data trend for APTtellite Holdings's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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APTtellite Holdings ROCE % Chart

APTtellite Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.53

4.21

4.64

4.21

4.12

APTtellite Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															4.93	4.87	3.55	4.14	4.16

APTtellite Holdings ROCE % Calculation

APTtellite Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	36.465	/	( ( (915.39 - 24.642)	+	(907.25 - 29.906) )	/ 2 )
	=	36.465	/	( (890.748	+	877.344)	/ 2 )
	=	36.465	/	884.046
	=	4.12 %

APTtellite Holdings's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	36.376	/	( ( (896.759 - 27.067)	+	(907.25 - 29.906) )	/ 2 )
	=	36.376	/	( ( 869.692	+	877.344 )	/ 2 )
	=	36.376	/	873.518
	=	4.16 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

APTtellite Holdings (OTCPK:ASEJF) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

APTtellite Holdings ROCE % Related Terms

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APTtellite Holdings (APTtellite Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » APT Satellite Holdings Ltd (OTCPK:ASEJF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

01045:Hong Kong

Address

22 Dai Kwai Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG

Website

https://www.apstar.com

APT Satellite Holdings Ltd is an investment holding company. Through its subsidiaries, the company is principally engaged in the maintenance, operation, and provision of satellite transponder capacity and related services; satellite-based broadcasting and telecommunications services; and other services. From a regional perspective, the company's revenue is derived from customers in Hong Kong, Greater China, Southeast Asia, and other regions.

Executives

Jaycee James

10 percent owner

9298 SVL BOX, VICTORVILLE CA 92395

APTtellite Holdings (APTtellite Holdings) Headlines

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